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Updated 5 months ago, 08/16/2024

User Stats

7
Posts
0
Votes
Michael Fradette
  • Rental Property Investor
  • Worcester, MA
0
Votes |
7
Posts

Ways to leverage the equity in a 3 unit building without going the traditional route

Michael Fradette
  • Rental Property Investor
  • Worcester, MA
Posted

Hi Team, 

Looking for feedback and ideas on how to leverage equity in a 3 unit building without doing a cash out refinance? The rate on my mortgage is amazing (low 3'%) and have no plans to lose that. Is anyone savvy on alternative/ creative ways to pull out/ borrow against equity in order to use the capital toward another project? 

Thanks all! 
Mike

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